With the eyes of the mining world at the Diggers & Dealers conference in Kalgoorlie, a swag of mining companies have released positive drilling results.

We’ve rounded up the best here.

Frontier Resources (ASX:FNT)

A Frontier Resources review of historical trenching at its Saki prospect has brought up a trench sample of a whopping 535 grams per tonne gold — with the market responding in kind.

It told its shareholders in a pre-open announcement this morning that it had re-run samples of a phase two trenching campaign by previous operator Tolukuma Gold Mines.

The trenching had been done with a view to boosting production at the depleting Tolukuma Gold mine — with 1500 samples taken, 29 of which were anomalous for gold.

The re-run of the samples by Frontier found hits of:

  • 0.5m @ 535g/t Au
  • 1m @ 55.68g/t Au
  • 0.7m @ 30.90g/t Au

A re-run of drilling also brought up results of:

  • 13.2m @ 5.38g/t Au from 75.1m
  • 9.5m @1.82g/t Au from 45.2m
  • 9.8 @ 2.94g/t Au from 80.4m

While the new sample results are a positive for the company, it still needs to work out whether they can be folded into a JORC-compliant resource.

The Saki prospect runs 1400m by 700m wide — and investors are seemingly excited by the prospect of more to come.

Frontier’s share price was up over 15 per cent in early trade.

Other hits to keep an eye on

Bellevue Gold (ASX:BGL) thinks it has a new discovery on its hands underneath the existing Bellevue gold mine, hitting 3.6m @ 18.3g/t Au from 656m, 2.5m @ 5.1g/t Au from 753m, and 2m @ 4.3g/t Au from 669m.

These hits come from beneath the existing mine, firming up its hypothesis that the mineralisation there continues at depth.

Meanwhile, Venus Metals (ASX:VMS) has had good hits from a second-stage reverse circulation campaign at its Currans Find North prospect.

Hits included 3m @ 25g/t Au from 109m (including 1m @ 57.15g/t Au), and 8m @ 7.81g/t Au from 112m (including 4m @ 12.55g/t).

Vango Mining (ASX:VAN) has found a new high-grade gold zone at its Marymia Project — saying the hits represented a new discovery of a plunging gold zone which continued over a 1km strike length.

Hits there included 4m @ 23g/t Au from 109m, 3m @ 7.79g/t Au from 124m, 4m @ 9.48g/t Au from 177m, and 4m@ 6.38 g/t Au from 164m.

West African gold chaser Azumah Resources (ASX:AZM) has come back with a scoping study on deeper mining at its Bepkong deposit.

It found an underground mining operation could net the company $US32 million ($A47.1 million) in cash flow based on a gold price of $US1300 and production of 154,000 ounces of gold per year.

And finally, Golden Rim Resources (ASX:GMR) has come back with big hits at its gold project in Burkina Faso, including 1m @ 783.8g/t Au from 44m.

Other hits included 7m @121.g/t Au from 41m, 3m @ 7.2g/t Au from 56m, 4m @9.2g/t Au from 44m, and 15m @ 3.8g/t Au from 53m.

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